Each of the following is a problem that economists have with Ricardian Equivalence except
A) myopia - perhaps people are not far-sighted enough to fully work out what an increased deficit in the present implies for their future taxes.
B) myopia - perhaps people are not near-sighted enough to fully work out what an increased deficit in the present implies for their future taxes.
C) liquidity constraints - perhaps people can't easily borrow and lend as needed.
D) people are different - those that are the beneficiaries of government spending today may not be the ones who will have to pay the increased taxes in the future.
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